News

ATTEMPTS TO PRIVATISE SUGAR MILLARS

According to a standard media story posted on Sunday 8th April, 2018, Lawmakers from the sugar belt region are said to have reaffirmed their opposition to plans to sell State-owned sugar companies.

They claimed that the core of the matter was the communal land on which the firms sit. The leaders claimed that the investors were not interested in reviving the industries, but were eyeing the huge parcels of land for other investment plans.

“Farmers feel the process is being rushed so that some earmarked profiteers can benefit from the deal. We are also aware that the said investors are not interested in reviving the industry but are eyeing the land,” said Mr. K’Oyoo, Muhoroni Member of Parliament.

Read more at: https://www.standardmedia.co.ke/business/article/2001276135/mps-reject-attempts-to-privatise-sugar-millers